Axis Flipkart Card Devalued wef 12 August

[Arnal07]

From 5th march,2023 , flipkart axis cc will not give any cashback on gift card purchases and utility bill payments.Hence, the card remains good only for flipkart grocery purchases.🥲🥺
Hope that Axis doesn't do the same with their ACE cc.😴

 

[agarwalanimesh05]

Thanks, if the upgraded card is not LTF, I think it's better to just cancel. I have many other cards now so I don't think I'd be able to reach the spend-based waiver on any paid card

But is it ok to close your oldest credit card?
Stuck in similar situation myself

 

[SSV]

But is it ok to close your oldest credit card?
Stuck in similar situation myself

Depends upon the time difference between your oldest card and 2nd oldest card

 

[Chaitanya-a]

But is it ok to close your oldest credit card?
Stuck in similar situation myself

It doesn't make sense keeping a useless card active (especially paid) just because it was your oldest card. Your score would go down slightly and come up as it is after sometime.

 

[flash2399]

But is it ok to close your oldest credit card?
Stuck in similar situation myself

The difference for me is 3-4 months between this and my second oldest card so hopefully it should not affect my CIBIL score too much.

 

[SamPtnk]

But is it ok to close your oldest credit card?
Stuck in similar situation myself

Yes nothing serious happens , Unless your oldest card has highest CL

Points drop by 5-6 recover in 2-3 months

 

[Arnal07]

wow!! so many comments on my thread.🥹🥹

 

[lucifer69]

MyZone devaluation done for Swiggy, min order amount changed, chk it's tnc

Came here to confirm again what was the date for MyZone devaluation. My friend ordered three days back to back, Swiggy is still offering MOV as 200

 

[dineshweb]

For myZone it's September 1

Received Axis myzone devaluation sms applicable from 1st September 2023

www.technofino.in

Came here to confirm again what was the date for MyZone devaluation. My friend ordered three days back to back, Swiggy is still offering MOV as 200

 

[panu24]

Came here to confirm again what was the date for MyZone devaluation. My friend ordered three days back to back, Swiggy is still offering MOV as 200

1st Sept. Check https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/mztc.pdf

 

[lucifer69]

Thank you, Guys.

 

[GopalV]

I closed my Flipkart card recently,will try to take another Axis card later.

 

[SSV]

I closed my Flipkart card recently,will try to take another Axis card later.

Nice decision

 

[Deathsnatcher]

Does this card give 5% on booking flights from flipkart?

 

[iamabhisekagar]

Does this card give 5% on booking flights from flipkart?

No 1.5%

 

[JimCarrey]

Closed mine too. Got a LTF myzone instead before closing fk axis.

Reasons:

• Got other alternatives which pays 5% on FK (sbi cb / millennia and best is GV via infinia)
• Exclusion list makes this cc next to useless for large txns on government and education spends.
• 1.5% offline and other regular places is too low for a cashback oriented cc.
• 500 yearly charges no longer makes much sense.

The only advantage would probably be if I buy a product greater than 1L, which can still be done using fk GV bought via hdfc cc @ 5% + sbi cb combined payment.

 

[Deathsnatcher]

No 1.5%

so for flights does amazon icici gives 5% for booking via amazon?

 

[Piyush_Jaiswal]

so for flights does amazon icici gives 5% for booking via amazon?

No, 2% but you can buy Apay GC and then transact using that.

 

[CARDiologist]

Will it make any sense to close my FK Axis card considering I have it as ltf & also have sbi cb

 

[iamabhisekagar]

Will it make any sense to close my FK Axis card considering I have it as ltf & also have sbi cb

If you have FK Axis LTF then it does not make any sense to close it since there can always be MCC mismatch and you may lose out on 5% cashback... having a Flipkart exclusive CC protects you from this

 

[maheshspanicker]

If you have FK Axis LTF then it does not make any sense to close it since there can always be MCC mismatch and you may lose out on 5% cashback... having a Flipkart exclusive CC protects you from this

SBI is even more difficult and acts on wimps and fancies than Axis does. The CB Card has taken multiple hits already, just within a year of launch. The Flipkart Axis card still has lounge access all be it limited, gives better cashback for offline spends than SBI CB. Also, despite devaluation, Axis Grabdeals can give you a bit more of additional value than the standard 5 percent on Flipkart. And as its LTF, think you should definitly keep it. I have a paid card and I am keeping it.